2:20 PM · 4 March 2020

BREAKING: ADP data beats expectations

ADP Non-Farm Employment Change data for February showed 183k increase - slightly above market expectations (est. 170k). The previous month’s release was revised lower from 291k to 202k. The reading sets moderate expectations for Friday’s NFP release (1:30 pm GMT). Revision outweighted headline beat and caused EURUSD to move higher after the release.EURUSD jumped on significant revision to last month's ADP data. Source: xStation5

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